Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 15 December 2011

Reliance

Today, 740 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 740 is crucial for short term. Positional Traders, trade long above 740 for a target of 750. Trade short below 740 for a target of 700.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 14 December 2011

Today, 4820 is the crucial intraday level for Nifty.

If Nifty sustains below 4820, then it could test 4775 and below that level it could test 4745.
Instead, if Nifty trades above 4820 then it could test 4920.